Cost Plus For Construction In Massachusetts
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Description
The Cost Plus for construction in Massachusetts is a contract form designed for use between contractors and property owners, focusing on the agreement to pay the actual cost of materials plus a specified fee for services. This contract outlines the scope of work, responsibilities regarding permits, and conditions related to soil and site work, ensuring that both parties understand their obligations. Key features include provisions for changes to the scope of work through written change orders, the establishment of a contractor's fee based on actual costs, and stipulations regarding late payments and warranties. Filling instructions direct users to clearly specify project details, payment structures, and necessary authorizations. This form serves as a vital tool for attorneys, partners, and owners involved in construction projects, providing clarity and legal protection in financial transactions. Paralegals and legal assistants can utilize this form to ensure compliance and safeguard the interests of their clients while facilitating effective communication between contractors and owners.
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Budget of under $200,000 At $187 per square foot, you can build a house of up to 1,069 square feet. That's enough space for two bedrooms — three if they're on the small side — and two baths. Homes this size make good starter homes, downsizes, or investment properties.
